TrueNorth Raises $3M to Build AI for Financial Markets

Overview

TrueNorth, a startup focused on building domain‑specific AI for finance, has raised $3 million in a pre‑seed funding round. The company aims to bridge the gap between the promise of AI and its current limitations in financial markets.

Funding Round

The pre‑seed round was led by CyberFund, with participation from Delphi Labs, SNZ, GSR, and Ocular. The funding will support the development of what the team calls “the reasoning layer for financial intelligence”: specialized AI that avoids the pitfalls of generic models when dealing with financial data.

Why Specialized AI?

Willy Chuang, co‑founder at TrueNorth, emphasizes the need for specialized AI in finance. “Every industry should have its own specialized AI,” he says. “Legal has Harvey, healthcare has OpenEvidence. But finance, the highest‑stakes domain, is still using models trained on Reddit threads and the open web. We’re fixing that.”

The Problem with Generic Models

Generic AI models often produce inaccurate results, lack market context, and are too slow for fast‑moving financial markets.

TrueNorth’s Solution

The platform converts elite trader expertise into AI agents through structured playbooks, real‑time data fusion, and proprietary models trained specifically on market logic.

Key Features

  • Structured reasoning layers tailored for finance.
  • Real‑time data integration for immediate market relevance.
  • Proprietary models that understand market logic.

Early Results

Internal benchmarking shows 98 % accuracy on finance‑specific tasks—a 28 % improvement over leading general models—and an 80 % reduction in latency. Beta users have demonstrated a 33 % retention rate over 30 days, roughly double the industry average.

The Platform in Action

TrueNorth solves two major problems: professional traders can automate hours‑long tasks without engineering skills, and retail traders gain access to the logic and discipline of expert traders through AI‑powered digital twins. Top traders encode their strategies using natural language, while everyday traders act on those encoded strategies. The platform already partners with leading educators, reaching more than 1.5 million cumulative followers.

Investors & Partners

Backers include Bryan Pellegrino (LayerZero), WeeKee (Virtuals Protocol), and Jordi Alexander (Selini Capital). Konstantin Lomashuk, co‑founder at CyberFund, believes TrueNorth will redefine how people trade: “AI is transforming the way people interact with apps. TrueNorth will redefine how people trade. With TrueNorth, people will trade better with AI‑powered insights.”

Future Outlook

The company is co‑building agentic workflows with early adopters, defining AI‑native investing where models not only answer questions but also execute strategies, manage risk, and adapt to regime changes in real time.

Public Beta

Public beta sign‑ups are now open. Join the waitlist of over 40 000 users and experience finance‑specific AI intelligence firsthand.